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Chinese companies making electric vehicles must commit to sell their cars at agreed minimum prices, if they want to avoid tariffs in Europe
China's finance ministry said the VAT export rebates for battery products would be cut to 6% from 9% from April, then rolled back entirely from January 1, 2027.
German government sources said there are high expectations that a deal could be signed at the end of January after "very intensive" talks between Chancellor Friedrich Merz and Modi on Monday
MiniMax is the second of China's so-called 'AI tigers' to go public, the first being Zhipu AI which made its market debut on Thursday, and also saw solid gains on Friday
Videos on social media show cars and buildings ablaze as riots rage in several cities; dozens have died and the regime looks vulnerable amid a dire economic crisis and strikes last year by Israel and the US
Trump says Venezuela posed a greater threat, than Taiwan does to China. Meanwhile, Beijing accuses the US of spreading the 'law of the jungle' as it exits global bodies
The strict payment requirements underscore the delicate balancing act Nvidia faces as it attempts to capitalise on surging Chinese demand while navigating regulatory uncertainty with both Beijing and Washington
Beijing could use the review to influence the transaction, including, in an extreme case, trying to force the parties to abandon the deal, according to a report by the Financial Times
Cambodian officials say the 'scam centre billionaire' - hit by US sanctions and the seizure of a $15 billion worth of bitcoin in October - has been deported to China after being found on Tuesday
A three-month curb on Chinese exports of rare earths, like that seen during 2010, could cost Japanese businesses 660 billion yen ($4.21 billion)
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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